Use the following information to answer the next two questions Dwyer Corporation is determining whether to lease or purchase new equipment. The firm is in the 21% tax bracket and it's after tax cost of debt is currently 7%. The terms of the purchase are: The equipment costing $77,000, can be financed entirely with a 12% loan requiring annual end-of-year payments of $32,059 for 3 years. The firm will depreciate the equipment under MACRS 3-year recovery firm will pay $2,000 costs will be borne by the firm. The firm plans to keep the equipment and use it beyond its 3-year recovery period. per year for a service contract that covers maintenance costs; insurance and other 62.What is the after-tax cash flow for the purchase alternative for year 1? a. $7,696.50 b. $14,660 c. $26,362.50 d. $20,199 63.Find the present value of the after-tax cash outflow for year 1 for the purchase. a. $23,537.95 b. $13,089.29 c. $17,320.54 d. $24,637.85